Islami Bank Bangladesh Limited opened its 314th Branch at Dania in Dhaka.
Category: Business
Administrative capacity crucial for combating terror financing: FS
Dhaka – Bangladesh needs continued political commitment, administrative structure and budgetary allocations to effectively combat terror financing, said Foreign Secretary Md Shahidul Haque on Sunday. UNB news agency reported
The Environmental Impact Of Clothing
Christmas is approaching fast, the high streets are alive with shoppers, and presents are mounting up ready to be wrapped. Among the most popular of gifts are clothes; after all, we love to look good. But, do we really need…
Brac University, BGMEA for digital map of RMG factories
Dhaka – An MoU has been signed between BRAC University and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to support the Digital RMG Factory Mapping in Bangladesh Programme at the university’s Centre Entrepreneurship Development (CED).
Two Iranian nationals arrested for ‘stealing’ bank money
Dhaka – Police arrested two Iranian Nationals on charge of trying to steal Tk 1 lakh from a counter of Bangladesh Bank in the city’s Motijheel on Wednesday. The arrestees are Karam, 55, and Jalali Nejad Mostafa, 36.
Master plan in offing to restore navigability of rivers
The government has formed a high-profile committee to prepare a master plan to restore the navigability of the rivers surrounding Dhaka, including the Buriganga, Turag, Sitalakhya and Balu, and the Karnaphuli of Chittagong port city.Local Government, Rural Development and Cooperatives…
Yahoo suffers world’s biggest hack affecting 1 billion users
San Francisco(AP/UNB) —Yahoo has discovered a 3-year-old security breach that enabled a hacker to compromise more than 1 billion user accounts, breaking the company’s own humiliating record for the biggest security breach in history.
Maddhapara Stone Mine production suspension hits workers
Dinajpur – The production in Dinajpur Maddhapara Stone Mine remained suspended over the last 14 months for various reasons, causing huge losses to the mine and leaving some 1,000 workers jobless. Traders are now importing stones from neighbouring India to…
Google goes all-in on self-driving cars
By Noah Kulwin Google was the first major tech company to get into self-driving vehicles, revealing its initial prototype in the spring of 2014. Now, two and a half years later, the company is ready turn its research into a…
4 lighterage ships sink in Bay of Bengal
Chittagong – Four lighter vessels, loaded with different goods, capsized in several points of the Bay of Bengal early Wednesday due to poor visibility.
Bangladesh promotes social dialogue in RMG sector
Dhaka – The government has launched a new project titled ‘Promoting Social Dialogue and Harmonious Industrial Relations’ aiming to improve workplace relations in the readymade garment (RMG) sector. The project was launched during International Labour Organization (ILO) Director-General Guy Ryder’s…
Traffic police collects Taka 12 lakh fine from rule violators
Dhaka – The Traffic Department of Dhaka Metropolitan Police (DMP) filed 3,755 cases and collected fines of Tk 11,93,050 during special drives against traffic rules violators in the capital on Wednesday.
IBBL Doa Mohfil in observance of Martyred Intellectuals Day
Dhaka – Islami Bank Bangladesh Limited arranged a Doa Mahfil in observance of Martyred Intellectuals Day at Islami Bank Tower on December 14, 2016, Wednesday. Professor Dr. Hasan Mohammad Moinuddin, Member, Shariah Supervisory Committee, conducted the Doa Mahfil.
Muhith rejects plea for fund to help negative equity holders
Dhaka – Finance Minister AMA Muhith on Wednesday turned down an appeal of the stock brokers to provide fund for helping negative equity holders in the stock market. “No fund will be provided to the stock market for negative equity…
9th global forum on migration focus on safe movement
Bangladesh – IOM General William Lacy Swing has welcomed the outcome of the 9th Global Forum on Migration and Development (GFMD). The three-day meeting in Dhaka, Bangladesh, which ended yesterday (12/12), focused on the upcoming Global Compact for Safe, Orderly…
FBCCI celebrates Saarc Charter Day
Dhaka – The Federation of Bangladesh Chambers of Commerce and Industry ( FBCCI ) in cooperation with Saarc Chamber of Commerce and Industry (Saarc CCI ) organised a discussion in the city on Monday to celebrate the Saarc Charter Day.
Fire panic leaves 50 RMG workers hurt in Gazipur
Gazipur – At least 50 garment workers were injured in a fire panic at a factory in Dakkhin Salna area of the city on Monday morning.
PM urges industries to remain careful about workers welfare
Prime Minister Sheikh Hasina today urged the local and international entrepreneurs to remain careful about the welfare of the workers.She said “The employers must ensure working environment in the industries , labour rights and occupational health and safety of workers.”The…
More than 30 dead as tanker rams into vehicles on Kenya road
Nairobi (AP/UNB) — A tanker carrying chemical gas slammed into other vehicles and burst into flames on a major road in Kenya, killing more than 30 people and injuring 10, officials said Sunday.
CID finds 23 foreign nationals’ involvement in BB heist
Dhaka-The Criminal Investigation Department (CID) of police on Saturday claimed that they have found the involvement of 23 foreigners in the $ 101-million cyber heist from Bangladesh Bank’s account with the US Federal Reserve Bank.
LPG, auto gas policy in the offing to facilitate private investment
Dhaka -The government is working to formulate a policy to facilitate private investment in the country’s LPG and auto gas sector as part of its plan to popularise the use of LPG and auto gas amid fast depletion of country’s…
Bullet trains may first ply reworked Dhaka-Ctg route
Dhaka – The government is set on introducing high-speed rail in the country, with the commercially vital Dhaka-Chittagong route earmarked for installation of the advanced tracks to support high-speed railway travel. Travellers between Bangladesh’s two most economically vibrant centres, capital…
New cyber-attacks on major banks thwarted, Russia says
Distributed denial of service strikes on five biggest banks and financial organisations in Russia was halted. Russia’s telecom operator on Friday said it had blocked a series of cyber-attacks on the country’s leading banks this week, the latest to target…
Fire at knitwear factory in Gazipur, 2 hurt
Gazipur – Two people were injured in a fire which broke out at a knitwear factory at Nayanpur in Shreepur upazila on Friday. Station officer of Shreepur Fire Service M Jihad said the fire broke out at the godown of…
BNP opposes India’s ‘proposal for open sky deal’
Dhaka – BNP on Friday strongly opposed India’s reported proposal to sign an open sky agreement with Bangladesh saying it will put the country’s security at stake. Speaking at a press briefing at the party’s Nayapaltan central office, BNP senior…
Man made reasons behind her Biman flight troubles, says PM
Dhaka – Referring to the delay in the landing of a Biman flight carrying her at Dhaka airport several months back and recent emergency landing of another flight carrying her in Turkmenistan, Prime Minister Sheikh Hasina on Thursday said there…
EU-Bangladesh business climate dialogue held
Dhaka – The second EU-Bangladesh Business Climate Dialogue between the EU Business Council (EUBC) and the Ministry of Commerce was held in Dhaka on 8 December 2016. The second dialogue focused on progress of policy actions which need to be…
Islami Bank achieves Bank of the Year Award 2016
Dhaka – Islami Bank Bangladesh Limited has won Bank of the Year Award 2016 conferred by The Banker and Financial Times Group, London. Mohammad Abdul Mannan, Managing Director and CEO of the bank received the award from Brian Caplen, Editor…
Better competition protects cosumers, the poor: Unctad
Geneva — For trade to deliver the maximum benefits to the most people, we need better competition policies and stronger, more independent authorities, a senior UNCTAD official says. History has shown that market abuse is more likely when too few…
Petrobangla, Daewoo sign deal for deep sea gas exploration
Dhaka – Keeping an option for allowing export, state-owned Petrobangla signed an initial deal on Wednesday with Posco Daewoo International Corporation to award the deep sea gas block DS-12 in the Bay of Bengal for gas exploration. The final deal…